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Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)
Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)
Find answers to all your questions about trading with Taurex.
In the U.K., spread bets are tax-free, which means traders don’t pay the capital gains tax on profits.
Margin is the amount of money a trader needs to have in their account to open a leveraged position.
Leverage is when traders use a smaller amount of capital to gain exposure to larger trading positions.
Traders go long when they bet that an asset’s price will rise, while going short denotes betting that the asset’s price will decrease.
Taurex lets you spread bet on a wide range of financial instruments, including forex, indices, commodities, metals, shares and more.
Spread betting involves choosing an asset to trade, deciding whether to go long (betting the price will rise) or short (betting the price will fall),
selecting a stake size (amount risked per point movement), and understanding the spread (the difference between the buy and sell price).
Profits or losses are determined by the difference between the asset’s opening and closing values, multiplied by the stake size.
As with all trading, spread betting involves risk. Some of the main risks involved with spread betting include the use of leverage, which can increase profits or magnify losses, potential market volatility, where a sudden price movement can result in a significant loss, and the lack of control over the underlying asset.
Some of the advantages of spread betting include the use of leverage, which allows traders to magnify their profits and losses by trading on margin,
tax-free profits in the U.K., flexibility and access to a wide range of markets.
Spread betting is a way for traders to speculate on the price movement of financial instruments including forex, shares, commodities, metals and more.
Taurex is the trading name of Zenfinex Global Limited, Stochastic Africa SL Ltd, and Zenfinex Global LLC.
Zenfinex Global Limited is registered in the Republic of Seychelles with registration number: 8428731-1 and is regulated by the Financial Services Authority of Seychelles (license number SD092). Its registered office address is F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.
Stochastic Africa (SL) Limited, trading as Taurex, is a company registered in Sierra Leone with Company Number: SL270319STOCH05271 and is licensed by the Bank of Sierra Leone under license number BSL/SAL/2023 and with the registered office at 148D Wilkinson Road, Freetown, Sierra Leone.
Zenfinex Global LLC is a company registered with the Financial Services Authority in Saint Vincent and the Grenadines under registered number 138 LLC 2019. Its registered office is Hinds Building, Kingstown, Saint Vincent and the Grenadines.
Risk Warning: Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. You should carefully consider your investment objectives, level of experience, and risk tolerance before deciding to trade in financial instruments that may be on margin. It is your responsibility to ensure that you fully understand the risks involved and seek independent advice if necessary.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any trading activity or engaging in copy trading. Nothing in this site should be read or construed as constituting advice on the part of Taurex or any of its affiliates, directors, officers or employees.
ZFN Europe Ltd is a company registered in Cyprus under registered number HE 411334. Its registered office is Naxou 1, First Floor, Flat/Office 103 Strovolos, 2043, Nicosia , Cyprus. It acts as a service provider to the group.
Clients must be at least 18 years old to use Taurex’s services.
Residence: The information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Belgium, Japan or any particular country and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Taurex is the trading name of Zenfinex Global Limited, registered in the Republic of Seychelles.
Registered Office Address: F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.
Regulated by the Financial Services Authority under license number: SD092
Registration No: 8428731-1
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